Awards for Excellence 2009: Bahamas
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Awards for Excellence 2009: Bahamas

Best Bank: Bank of Bahamas International

An economic slowdown globally has had little impact on Bank of the Bahamas, which has assets of about $800 million, up from about $700 million last year. At its mid-year results at the end of December, the bank reported that it had attracted 5,000 new accounts, opened a branch in Cat Island, and grown its private banking division, showing its strength domestically and in Florida where it recently opened an office.

From June to end of December 2008, the bank had achieved 82% of the total net income of the entire previous financial year. The bank’s total revenue grew by almost 9% to $31.5

Gift this article